LM Funding

LMFA NASDAQ
1.220
+0.040
+3.40%
Closed 16:00 07/19 EDT
Open
1.180
Prev Close
1.180
High
1.330
Low
1.142
Volume
192.87K
Avg Vol (3M)
52.17K
52 Week High
7.99
52 Week Low
1.000
% Turnover
6.22%
Market Cap
3.78M
1D
5D
1M
3M
1Y
5Y

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Company Profile

LM Funding America, Inc. is a specialty finance company. The Company provides funding to nonprofit community associations primarily located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. It offers incorporated nonprofit community associations (Associations), a range of financial products customized to each Association's financial needs. Its products include Original Product and New Neighbor Guaranty. Its Original Product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. The Company offers the New Neighbor Guaranty, wherein an Association assigns its outstanding indebtedness and accruals on its delinquent units to it in exchange for payments in an amount equal to the regular ongoing monthly or quarterly assessments for delinquent units when those amounts would be due to the Association.
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